hello guys. 1. Price Action & Market Structure: The chart shows a recent bullish trend, where the price is forming higher highs and higher lows within a rising channel. A double bottom pattern is evident around the $2,380 - $2,385 level, indicating a strong support area that previously reversed the downward movement into the current uptrend. 2. Key Levels: ...
Hello guys. - Bullish Trend: The chart shows an overall bullish trend with higher lows forming after a correction. - Key Resistance Levels: - QML (Quasimodo Level): A significant resistance zone that could influence the price movement. - Engulfed Zone: Another resistance area where sellers previously took control. - Support Level: - Flip Area: ...
hello guys. 1. Price Action & Market Structure: • Bitcoin has experienced a sharp drop, followed by a recovery within a bullish channel. • The price is currently consolidating near the upper middle of the channel, which may indicate either a continuation of the upward trend or a potential reversal depending on how it interacts with key levels. 2. Key...
hello guys. let's analyze Ethereum coin. 1. Price Action & Market Structure: - The price has been in a downtrend, followed by a strong bounce from a key support level around 2,527.05 USDT. - A bullish channel has formed as the price is making higher highs and higher lows, indicating a potential recovery in progress. 2. Key Levels: - Flip Area:...
hello guys! the news forced the price dump! 1. Double Top Completion: - Description: The double top pattern projected a target of $2,100, which the price has successfully reached. This indicates that the bearish move triggered by this pattern has played out. - Outcome: Since the target has been met, the selling pressure may decrease, and we could see...
hello guys... Technical Analysis The chart provided is a 15-minute price chart for Bitcoin (BTC/USDT) on Binance. Here's a breakdown of the technical analysis: 1. Rising Wedge Pattern: - The price has formed a rising wedge pattern, which is typically a bearish reversal pattern. This pattern occurs when the price is making higher highs and higher lows, but...
hello guys... let's analyze NOTCOIN! 1. Descending Wedge Pattern: - The chart shows a descending wedge pattern, which typically indicates a potential bullish reversal. - The price has been consistently making lower highs and lower lows, but it is approaching the wedge's bottom line, suggesting a possible breakout if buying pressure increases. 2....
hello guys! Chart Overview: - after the price made a symmetrical triangle, it broke the top line - it is forming a range or rectangle right now! Trend Analysis: - Pepe is in compression now - we can consider an upcoming downward! Price Patterns: - There are two potential correction zones within the rising trend: 1. Around the $0.0000107 level. 2. Between...
hello guys! I've published the perspective of BINANCE:BTCUSD : now let's dive into a short time frame: Current Price: $69,781 Chart Overview: - Resistance Levels: - Immediate resistance at $73,612. - Next target at $77,604. Trend Analysis: - Bullish Trend: Bitcoin is in a clear uptrend, trading within a widening wedge pattern. - Corrections: Two...
hello guys. Let's analysis gold - Current Trend: Bearish - Chart Patterns: - Descending Trendline: Indicates downward pressure on prices. - Key Level: $2404 - $2,400 identified as an entry-level for selling. - Support Levels: - $2,338.842: Strong support area, a potential target for the current bearish trend. - Price Action: - Recent rejection...
hello guys! Chart Overview: - Resistance Levels: - Primary resistance at $73,612. - Secondary target at $77,604. Trend Analysis: - The chart indicates a bullish trend with a clear trajectory toward $77,604. - Bitcoin has broken out from a descending trendline, confirming the upward movement. Price Patterns: - There are two potential correction zones...
hello guys. Key Points: - Entry Level for Selling: The suggested entry point for a short position is around $2,395, as indicated on the chart. - Downtrend Channel: The price movement suggests a descending channel, and the recent price action supports this pattern. - Support Level: There's a crucial support level at approximately $2,340, where the price might...
hello guys. let's start to analyze Bitcoin! Double Top Formation: The chart clearly indicates a double-top pattern, which is a bearish reversal pattern. This suggests that the price might face downward pressure in the short term. Support and Resistance Levels: Resistance: The price faced resistance around the 68,000 USDT mark and failed to break through,...
hello guys! I think this coin and this position are valuable! It made a Qm pattern! on the other hand, the reward to risk is more than 20x! ___________________________ ✓✓✓ always do your research. ❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them. ❤︎ ❤︎ ❤︎And please don't forget to support this idea with your...
hello guys... I believe the 0.000160 is the best area to get a long position! the target will be $0.00038! let's see! ___________________________ ✓✓✓ always do your research. ❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them. ❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment
hello guys. as I published before: the triangle broke and its target touched! as you can see, there are two ascending channels there, and it seems you want to touch the next top line around $2480! let's see what will happen! ___________________________ ✓✓✓ Always do your research. ❒❒❒ If you have any questions, you can write them in the comments below,...
Chart Patterns and Trendlines 1. Head and Shoulders Pattern (Bearish) - Left Shoulder: Formed around 3,450 USDT. - Head: Reached a peak around 3,550 USDT. - Right Shoulder: Formed around 3,450 USDT again. - The neckline, which was breached, is around 3,300 USDT, indicating a bearish reversal. 2. Inverse Head and Shoulders Pattern (Bullish) ...
The chart provided shows a 4-hour Bitcoin (BTC) price analysis with USDT as the quoted currency for Binance. Let's break down the technical analysis: Trend and Pattern Analysis 1. Descending Wedge Breakout: - The price was previously in a descending wedge pattern, marked by converging trendlines. - The breakout from this wedge occurred around July...